Qatar Airways aims to start buying American Airlines shares 'soon'

Business

[ad_1]


By Conor Humphries
| DUBLIN

DUBLIN Qatar Airways Chief Executive Akbar al-Baker said on Thursday the Doha-based carrier would soon start buying shares in American Airlines (AAL.O) “depending on the share price.”

The state-owned company notified American Airlines last month that it was interested in buying up to 10 percent of its shares.

Al-Baker told reporters in Dublin that Qatar Airways would buy up to 4.75 percent, despite a cool response given last month by the American Airlines CEO to its plan, once it has regulatory approval.

(Writing by Alexander Cornwell in Dubai; Editing by Greg Mahlich)

‘);
$(‘.second-article-divide’).append($(‘.slider.slider-module’));
$(‘.third-article-divide’).append(”);
var median = (relatedItemsTotal / 2);
var $relatedContentGroupOne = $(‘.related-content.group-one ul’);
var $relatedContentGroupTwo = $(‘.related-content.group-two ul’);

$.each($relatedItems, function(k,v) {
if (k + 1

[ad_2]

Source link

Loading...

Articles You May Like

Meng defence levels new allegations of Canada police ‘cover up’
New SafeEntry Gateway device on trial at Downtown East to make TraceTogether check-ins more convenient
6 new COVID-19 cases in Singapore, including 1 community infection
New community COVID-19 case had dinner with 12 family members at Seoul Garden, investigations under way
Leaders of Singapore, Malaysia hold talks on HSR project; announcement on further details to be ‘made in due course’

Leave a Reply

Your email address will not be published. Required fields are marked *